WAJA
Rights Issue
| CONNECTCOUNTY HOLDINGS BERHAD |
| EX-date | 13 May 2016 |
| Entitlement date | 17 May 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 800,994,000 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM0.025 EACH IN CONNECT (ICPS) ON THE BASIS OF 3 ICPS FOR EVERY 1 EXISTING ORDINARY SHARE OF RM0.10 EACH HELD IN CONNECT TOGETHER WITH UP TO 53,399,600 FREE DETACHABLE WARRANTS (WARRANT(S)-B) ON THE BASIS OF 1 FREE WARRANT-B FOR EVERY 15 ICPS SUBSCRIBED AT AN ISSUE PRICE OF RM0.025 PER ICPS PAYABLE IN FULL UPON ACCEPTANCE ("RIGHTS ISSUE OF ICPS") |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2015 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Registrar or Service Provider name, address, telephone no | Securities Services (Holdings) Sdn Bhd Level 7, Menara Milenium Jalan Damanlela Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur Telephone number: 03-2084 9000 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 17 May 2016 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new shares/securities issued (units) (If applicable) | 800,994,000 |
| Entitlement indicator | Ratio |
| Ratio | 3 : 1 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.025 |
| Par Value | Malaysian Ringgit (MYR) 0.025 |
| Remarks : |
Shareholders' approval for the Rights Issue of ICPS was obtained on 8 April 2016.
The abridged prospectus together with the rights subscription form and the notice of provisional allotment (collectively referred to as Documents) in relation to the Rights Issue of ICPS will be despatched on 19 May 2016 to the entitled shareholders of CONNECT whose names appear on the Record of Depositors of CONNECT on 17 May 2016 ("Entitled Shareholders").
These Documents have not been and will not be registered under or made to comply with the laws of any foreign jurisdiction and have not been (and will not be) lodged, registered or approved pursuant to or under any legislation (or with or by any regulatory authority or other relevant body) of any foreign jurisdiction. The Rights Issue of ICPS will not be made or offered in any foreign jurisdiction.
Accordingly, these Documents will not be sent to the foreign Entitled Shareholders or their renouncee(s) / transferee(s) (if applicable) who do not have a registered address in Malaysia. However, such foreign Entitled Shareholders or their renouncee(s) / transferee(s) (if applicable) may collect the Documents from the Company's Share Registrar, in which event the Share Registrar shall be entitled to request for such evidence as it deems necessary to satisfy itself as to the identity and authority of the person collecting the aforesaid documents.
This announcement is dated 29 April 2016. |
Announcement Info
| Company Name | CONNECTCOUNTY HOLDINGS BERHAD |
| Stock Name | CONNECT |
| Date Announced | 29 Apr 2016 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-29042016-00006 |